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January issuance declined by 14.7% year-over-year amid a rising-rate and volatile environment.
January 31 -
John Hallacy of John Hallacy Consulting LLC sits down with Chip Barnett to talk about what the municipal bond market will face in 2022. He discusses inflation, new issuance volume, and the future of infrastructure this year amid the lingering effects of COVID and Omicron. (19 minutes)
January 25 -
BofA Securities led with $62.01 billion of deals. Out of the top five, only Morgan Stanley increased its market share year-over-year.
January 14 -
The U.S. Treasury selloff caught up to tax-exempts with two to three basis point cuts to scales, but munis still outperform.
January 4 -
Municipal volume is estimated at $1.13 billion for the opening week of 2022. Persistently strong net supply challenges will bias credit spreads tighter, credit discipline weaker in the next few years, analysts say.
December 30 -
2022 volume projections are clouded by many uncertainties. What is not murky is that demand for municipals is unlikely to fade.
December 30 -
Investors will also receive $139 billion of interest payments in 2022, about $593 million more than in 2021, according to a report from CreditSights.
December 28 -
Total November volume was up 58.3% to $33.818 billion versus $21.359 billion a year earlier, but the figure is average over a 10-year period. A combination of factors from policy uncertainty in Washington to fears of rising rates led to the increase.
November 30 -
A majority of firms anticipate less volume in 2022 than the record hit in 2020, but how policies from Washington and the path of overall economic activity in a still-recovering global economy with COVID overhang make predicting volume more difficult.
November 29 -
CDFA is advocating for a holistic solution from Congress to address private activity bond challenges.
November 5